NewEra Blockchain Solutions (TXHE)

[JackStraw]

Texhoma Energy, Inc. wins auctions for Royalty Interest on two Texas properties and reports that it has filed two years of audited financials
PR Newswire Texhoma Energy, Inc.

LINK >>> http://investorshub.advfn.com/boards/post_reply.aspx?message_id=105509502

SPRING, Texas, Aug. 21, 2014 /PRNewswire/ -- Texhoma Energy, Inc. ("Texhoma") (OTC Pink: TXHE) announced that continuing with its tradition of oil and gas operations, it has embarked on an acquisition plan of oil and gas properties. Through Texhoma's wholly-owned subsidiary, Texhoma Holding Company, it has won two auctions. The company won high bid for a 0.016589% royalty interest in the Shooter 916 Lease located in Ochiltree County, Texas which has existing oil and gas production and a 0.25% overriding royalty interest in the Tonto North 390 B #3 well located in Scurry County, Texas, which also has existing production.

The effective date for revenue recognition of both acquisitions commences September 1, 2014. Gil Steedley, president of Texhoma, provided the funding for both acquisitions.

Additionally, Texhoma has replaced its previously filed unaudited financial statements on OTC Market for the two years ended September 30, 2013 and September 30, 2012, with audited financial statements for those periods and has also had its auditor review the financial information for the quarters ended June 30, 2014, March 31, 2014, and December 31, 2013 as posted on OTC Market.